Grant of Share Options

Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, announces that on 19 March 2018 options over the Company’s ordinary shares of 0.8p were granted to Ian McDonough as part of an employee-wide share option grant over 2,675,000 unissued Ordinary Shares:

Name Title Number Exercise Number of options
of options price held post grant
————— —————– ———— ——— ——————
Chief Executive
Ian McDonough Officer 400,000 4.0p 2,400,000
————— —————– ———— ——— ——————

The options were granted under the Company’s EMI share option scheme.

Following the above grant, there are a total of 6,215,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 3.44% of the Company’s current issued Ordinary Share capital of 180,486,199 Ordinary Shares.

Enquiries

Forbidden Technologies plc
Ian McDonough, CEO
Jonathan Lees, Finance Director
Tel: +44 (0)20 8879 7245

Allenby Capital Limited (Nominated Adviser and Broker)
Nick Naylor
John Depasquale
Katrina Perez
Tel: +44 (0)20 3328 5656

About Forbidden Technologies plc

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

Forbidden develops, markets and licenses a powerful cloud video platform using our patented Blackbird technology. The technology underpins multiple applications which are used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels and corporations.

The Blackbird technology allows full visibility on multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and results in much more effective monetisation.

Blackbird(R) is a registered trademark of Forbidden Technologies plc.

Websites
www.forbidden.co.uk
www.forscene.com

Social media
https://www.linkedin.com/company/116180/
https://www.facebook.com/ForbiddenTechnologies
www.linkedin.com/company/forscene
www.facebook.com/FORscene
www.youtube.com/user/ForsceneTraining

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1 Details of the person discharging managerial
responsibilities / person closely associated
— —————————————————————
a) Name Ian McDonough
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status Chief Executive Officer
— ————————– ———————————–
b) Initial notification Initial notification
/Amendment
— ————————– ———————————–
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
— —————————————————————
a) Name Forbidden Technologies plc
— ————————– ———————————–
b) LEI 2138006DWRVTIAVW3415
— ————————– ———————————–
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
— —————————————————————
a) Description of the Ordinary shares of 0.8p
financial instrument, each in Forbidden Technologies
type of instrument plc
Identification code Identification code (ISIN)
for Forbidden Technologies
plc ordinary shares: GB0004740477
— ————————– ———————————–
b) Nature of the transaction Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
4.0p 400,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 19 March 2018
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–

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